Powell Industries to Report Q3 Results After Revenue Miss Last Quarter

Powell Industries will report its third-quarter results after market hours, following a quarter in which revenue reached $311.7 million, up 8.9% year on year, and missed analysts' expectations. TradingView reported the earnings schedule and the prior-quarter figures. Powell is a Houston-based manufacturer of medium and high voltage switchgear, power control rooms and integrated electrical distribution systems for utilities, oil and gas, data centers, mining, renewables, transit and government customers.

Powell's Revenue Miss and Analyst Estimates

Powell's last quarter, with $311.7 million in revenue, was an underwhelming one for the company, with a significant miss of analysts' EPS estimates, according to TradingView. For the coming quarter, the market expects Powell's revenue to grow 11.2% year on year, improving from the 8.3% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Powell has missed Wall Street's revenue estimates multiple times over the last two years.

Among peers in the electrical systems segment, Sanmina delivered year-on-year revenue growth of 84%, beating analysts' expectations by 10.8%, and Vertiv reported revenues up 61.2%, topping estimates by 14.5%. Sanmina traded up 3.5% following the results while Vertiv was also up 17.9%. Powell is down 15.8% over the last month, while share prices in the segment are up 2.5% on average over the same period.

Powell's Record Backlog and Data Center Order

According to akta.pro company records, Powell's record backlog stood at $1.8 billion as of Q2 FY2026, up 33% year over year and 12% sequentially, with a book-to-bill ratio of 1.4x on a trailing-twelve-month basis. Q2 FY2026 new orders were $490 million, representing 97% year-over-year growth, and included a mega data center order worth more than $400 million placed after the quarter ended. Full-year fiscal 2025 revenue was $1.1 billion, representing 9% year-over-year growth, and Q2 FY2026 revenue was $297 million, up 6% year over year.

Powell's Dividend Record and Backlog Coverage

In October 2026, Chartmill reported that Powell Industries has a dividend rating of 7/10 with a 1.22% yield and a 6.82% payout ratio, backed by strong profitability and health ratings, and has paid dividends for over 10 years without cuts, though growth is modest at 0.55% annually. In a separate October 2026 report, Seeking Alpha said Powell Industries reported Q3 FY2026 revenue of $311.7 million, up 8.9% year-over-year, with a backlog of $2.4 billion, and that the stock fell 40% from June highs but trades at 35x earnings.

What Powell's Q3 Report Will Cover

Powell's results are scheduled for release this Monday after market hours, according to TradingView. The report follows the company's Q3 FY2026 revenue of $311.7 million and backlog of $2.4 billion cited by Seeking Alpha in October 2026.